TF1 1LP - 2 bed town centre mixed investment in Crown Street, TF1 1LP

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Shop for sale in Crown Street, Wellington, Telford, Shropshire, TF1 1LP, TF1

Summary - 8 CROWN STREET WELLINGTON TELFORD TF1 1LP

2 bed 2 bath Shop

Income-producing shop with a spacious two-bedroom flat above, ready for uplift.
Freehold mixed-use: shop (265 sqft) plus two-bed apartment (approx 951 sqft)
Current rental income c. £1,225 pcm; approximate gross yield 7.35%
Town centre location with high passing footfall and visibility
Apartment has gas central heating and partial double glazing; EPCs rated C
Property constructed pre-1900; solid brick with internal insulation
Area classified as deprived; recorded crime level: very high
Very slow broadband; mobile signal excellent
Requires cosmetic updating and checks for commercial compliance
This mixed-use freehold on Crown Street pairs a compact ground-floor shop with a spacious two-bedroom apartment above, aimed at investors or small-business owners seeking rental income and future uplift. The property currently generates about £1,225 pcm (£600 shop, £625 apartment) producing an approximate yield of 7.35% on the asking price. The shop is 265 sqft with a separate kitchen and WC; the apartment is roughly 951 sqft with lounge, kitchen, two bedrooms, bathroom, separate WC and useful loft storage.

Located in the town centre, the shop benefits from strong passing footfall and excellent visibility—good for retail or a service business. The apartment has gas central heating and partial double glazing; both apartment and commercial EPCs are rated C, indicating reasonable energy performance. The building is a traditional mid-terrace, solid-brick Georgian form, which presents character and long-term solidity but also typical maintenance considerations for older stock.

Important practical points: the area is classified as deprived with very high recorded crime and very slow broadband speeds, which may affect tenant demand or certain types of businesses. The property offers clear scope for cosmetic refurbishment and reconfiguration to increase rents or change the commercial use, but buyers should budget for updating works and confirm shop EPC details and any required compliance for specific commercial uses.

Overall this is a straightforward, income-producing town-centre asset with immediate cashflow and clear value-add potential for buyers comfortable managing an older mixed-use property in a higher-risk urban location.

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